Hub International Acquires The Assets Of Oklahoma-Based Agency

CHICAGO, IL -- Hub International Investment Services Inc., member FINRA/SIPC, and a subsidiary of Hub International Limited (Hub), a global insurance brokerage, announced that it has acquired the retirement plan consulting and financial services business of Felix Jones (Jones Retirement). Terms of the transaction were not disclosed.

Located in Tulsa, Oklahoma, Jones Retirement specializes in long-term investment solutions focused on qualified plans, which adds to Hub's foundation and expands the firm's capabilities in the retirement plan space. Felix Jones will join Hub Mid-America as Director of Retirement Plan Services, reporting to Stuart DeSelms, President of Hub Mid-America.

"Felix possesses the right skill set and is a strong cultural fit to partner with our risk and benefits offices," said David Reich, Hub's President of Retirement Services. "Felix checks all the boxes for leading our retirement efforts in Tulsa."

"We've known Felix for years, and as we further enhance our retirement services in Hub Mid-America, his rich experience and best-in-class client service skills complements our already significant capabilities in this area," said DeSelms.

"Moving to Hub is going to help me take my business to the next level," said Jones. "I like what they are building and that they value my approach and capabilities. I look forward to working alongside Stuart and the Retirement Services team."